Accounting bodies call for better disclosure on business SDG accountability
Leading accounting bodies have called for better corporate disclose on efforts to align reporting with the Sustainable Development Goals (SDG), with a new report calling on organisations to disclose negative contributions in order to deliver change.
Mark Carney announced as Boris Johnson's finance advisor for COP26
Prime Minister Boris Johnson has appointed the departing Governor for the Bank of England Mark Carney as his Finance Advisor for the COP26 climate summit, taking place in Glasgow at the end of the year.
BlackRock's Larry Fink to CEOs: 'Purpose is the engine of long-term profitability'
BlackRock's chief executive Larry Fink has warned businesses that a "fundamental reshaping of finance" is happening at pace and that businesses need to put climate action at the heart of decision-making processes in order to remain profitable.
Kroger revamps action plan to eliminate food waste by 2025
US retail giant Kroger has unveiled new steps to eliminate food waste across its company by 2025 by prioritising food donations and technological innovations to drive action through a Zero Hunger, Zero Waste initiative.
edie launches series of mini-reports for energy transition to net-zero
edie has released a series of mini-reports on key topics for energy management and the transition to a net-zero carbon economy.
5 ways to maximise the impact of your energy data
Experts across energy management came together at edie’s SPARK! 2.0 event to discuss the role that energy data could play in the delivery of targets and overall strategy.
Will 2020 be the year of mandatory climate disclosure?
Leading experts believe that it is "highly likely" that disclosing climate-related data to the Task Force on Climate-related Financial Disclosures (TCFD's) will become mandatory and have called on business professionals to start collecting and mapping data now.
UK towns and cities to benefit from Google's climate management tech
Google will enable more than 100 global areas across to access a digital tool which helps towns and cities to measure and reduce their carbon footprint, including major UK cities.
New report reveals surge in employee engagement on energy issues
EXCLUSIVE: The UK's declaration of a climate emergency combined with the recent climate strikes and protests has fuelled a surge in awareness of energy issues among employees across the country, according to the latest Business Energy Barometer conducted by edie.
Available on demand: Energy efficiency 2.0 webinar for Net-Zero November
Shai Guness, compliance and CSR manager at Direct Line Group, spoke during an edie webinar, which will took place on Wednesday 20 November at 2pm (GMT) that outlined the role of energy efficiency in delivering net-zero.
Net-Zero November: edie launches net-zero for business guide
Organisations looking to understand the various issues surrounding the hot topic of net-zero, and how it can be applied to their businesses, now have access to a crucial new edie Explains guide, which breaks down everything you need-to-know on the topic.
Policy gaps stifling profitability of digital revolution for clean transport
A new report from think tank The Green Alliance has warned that policy gaps and the uncertainty of Brexit is halting investment from manufacturers into the "new competitiveness frontier" of smart technology for electric vehicles (EVs), which risks pushing the UK's net-zero emissions goal out of reach.
Sustainable Business Covered podcast: In the Green Room with RELX's Marcia Balisciano
The Green Room makes its long-awaited return to the edie podcast, as content editor Matt Mace discuss Sustainable Development Goals, the evolution of CSR and the notion of fear in the climate battle with RELX's director of corporate responsibility Márcia Balisciano (MBE).
O2 recycles three million mobile devices in a decade
Telecoms company O2 has received more than three million devices as part of a trade-in scheme to boost the recyclability of smartphones, a move that has stopped more than 450 tonnes of phone-related waste from going to landfill.
Air pollution reduced by a third in London's ULEZ
As new data reveals that air pollution is increasing the number of people suffering from severe health conditions, London City Hall has revealed that the introduction of Ultra Low Emission Zone (ULEZ) has slashed pollution levels by a third and carbon emissions by 13%.
Google's city emissions tool expands into Europe
Google's online emissions dataset tool to help city planners build policies to lower emissions has launched across Europe today, with Dublin, Krakow, Birmingham, and the greater metropolitan area of Manchester set to use it to assist with planning developments.
Views wanted from edie readers on Streamlined Energy and Carbon reporting
edie wants to hear from energy and sustainability professionals about how they are getting to grips with Streamlined Energy and Carbon Reporting (SECR).
'Simple' energy efficiency measures could deliver £45m benefit for UK businesses
New data from EDF Energy has revealed that measures such as installing energy efficient lighting and better heating management could create more than £45m in energy cost savings across 4,150 analysed sites.
Now on demand: edie's masterclass on Streamlined Energy & Carbon Reporting for business
edie's 45-minutes masterclass, now on demand, saw experts from Inspired Energy outline how businesses can get to grips with the Streamlined Energy and Carbon Reporting (SECR) framework.
Billions wanted: Report sets net-zero price as Siemens aims for £100bn green project pipeline
Technology firm Siemens has signed an agreement with a coalition of 94 local authority political leaders across the UK to help unlock green investment towards clean energy projects, as a new report warns that up to £20bn may be required annually to deliver the UK's net-zero commitment.
Banks representing one-third of global market to align with Paris climate targets
A coalition of 130 banks, representing one-third of the worldwide banking sector, have committed to aligning their actions with the aims of the Paris Agreement.
Asda unveils digital seafood supply chain map
Asda has unveiled a digital map which gives consumers access to information regarding all supply chain of the seafood used in its own-brand products.
Energy managers cynical about Government's net-zero targets, edie's new survey reveals
The second edie Business Barometer of energy managers, supported by Centrica Business Solutions, revealed a sector that was cynical of the Government's policy objectives - but are not concerned about Brexit.
Coal generation becoming a 'distant memory' as share of energy mix falls to 0.7%
The amount of energy generated from coal sources in the UK has fallen to a record-low output of 0.7% - a 63% decline on the same period the year prior - with low-carbon making up more than half of the UK's energy mix.
Hoarding old gadgets 'preventing circular economy shift' and 'spurring rare mineral shortages'
The fact that most UK households are hoarding old digital gadgets with no plans to recycle them is a key barrier to implementing circular economy principles for e-waste, the Royal Society of Chemistry has claimed.
UK supermarkets accused of over-producing low-quality meat
Anti-hunger charity Feedback is calling for big-name UK supermarkets such as Iceland, Lidl and Asda to offer "less and better" meat, in order to minimise their climate impacts.
‘Well’ under control
In The Salmon of Doubt, author Douglas Adams writes: "We are stuck with technology when what we really want is just stuff that works." These are words that we can and should apply to our experience of technology in the workplace.
Swedish lessons: Can data management enable the UK to deliver a net-zero economy?
The UK's net-zero climate target has been widely welcomed, but is currently lacking some actual points of delivery. Fortunately, Sweden's own net-zero target can teach politicians some interesting lessons, including how big data and digitisation can mobilise action plans.
Coors' plastic-free packaging and solar-powered trains: The sustainability success stories of the week
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.
UN launches Green Finance Platform to improve banks and business interactions
The UN's Green Growth Knowledge Platform (GGKP) has launched two new platforms to improve the dialogue and actions between the finance sector and businesses in order to accelerate the growth of green finance.
Energy management design sprint (Part One): How to unlock innovation in your business
In the first of a special two-part feature, edie reveals the results of two full-day workshops which applied principles of 'design thinking' to the role of the energy manager. Here, we summarise our first workshop, which explored how this group can harness energy innovations.
UK unveils Green Finance Strategy to drive progress towards net-zero goal
The UK Government has unveiled its highly anticipated Green Finance Strategy, outlining how the finance sector and better climate disclosure from corporates can drive progress towards wider action on climate change and the push towards net-zero emissions.
IHG taps into AI technology in bid to slash food waste by 30%
InterContinental Hotels Group (IHG) is using artificial intelligence (AI) technology across its restaurant and bar operations in a bid to achieve a 30% reduction in food waste.
Network operators collaborate on blockchain data register for generation and storage
Energy firms and network operators have teamed together to create a shared register powered by blockchain for energy generation and storage data, in a bid to improve the decarbonisation and operating costs of the UK energy system.
Record 11 million people now employed in renewable energy sector
Renewable energy now accounts for more than 11 million jobs worldwide, according to the latest set of official figures on the sector.
Climate-related financial disclosures 'still insufficient for investors', says TCFD
Efforts to disclose climate-related data aligned to the Task Force on Climate-related Financial Disclosures (TCFD's) recommendations have increased by more than 50%, but concerns remain that companies aren't providing enough information to inform the investor community.
Scrolling towards a better future or coding for chaos? What the ‘Onlife’ means for sustainability
Half the world's population does something unimaginable every day. We each connect into a species-wide hive mind that reaches into our pockets, our screens and controls what we see, think and believe.
Scope 3 emissions and science-based targets: Your key questions, answered
During an interactive webinar on Thursday (30 May), experts from CDP, Multiplex and Carbon Credentials answered readers' key questions on Scope 3 (indirect) emissions and science-based targets. Here, edie rounds up their answers.
UK creates 'blue belt' of marine protected areas twice England's size
An area nearly twice the size of England will become a "blue belt" of protected waters after the government created 41 new marine conservation zones.
NOW AVAILABLE ON-DEMAND: edie's Scope 3 emissions webinar with Multiplex, CDP and Carbon Credentials
Sustainability and energy professionals looking to gain key insights on tackling Scope 3 emissions as part of the science-based targets process can tune into a free one-hour webinar featuring Multiplex Construction Europe, CDP and Carbon Credentials, on-demand.
Public EV charge points outnumber petrol stations in the UK
The number of public charging stations for electric vehicles (EVs) in the UK has surpassed the number of petrol stations for the first time.
Measuring impact on the SDGs through AI
How do you know whether you're truly contributing to the SDGs? It's one thing to set objectives and priorities, it's quite another thing to get there.
Insight, inspiration and innovation continue into final day of edie Live 2019
Members of the UK's sustainability and energy management communities have descended upon the NEC in their thousands, with sessions at full capacity throughout the first day of edie Live 2019 and the action now set continue into the second and final day (22 May).
Google and Stella McCartney to launch cloud-based analytics tool for fashion supply chains
Google has partnered with fashion brand Stella McCartney on the first phase of a new machine learning data analytics tool to improve the transparency of the supply chains for the fashion industry.
Can TCFD recommendations communicate a business response to the 'climate emergency'?
Against a backdrop of Extinction Rebellion protests and declarations of a "climate emergency", businesses will need to articulate their role in combatting climate change. Could the Task Force on Climate-related Financial Disclosures' (TCFD) recommendations create the ideal framework to do so?
UKRI allocates £30m for smart energy systems innovation
UK Research and Innovation (UKRI) has outlined intentions to allocate £30m in funding for innovation and solutions for smart local energy systems in the UK.
Local and regional governments have the answer for the climate change conundrum
How do we meet the goals of the Paris Agreement on climate change? That is the burning question on the minds of countless individuals, and the answers may well reside in our local and regional governments.
The trends transforming mobility’s future
Four trends - autonomous driving, connectivity, the electrification of vehicles, and shared mobility- are disrupting how we move about in ways not seen for 100 years. We call what's happening mobility's "second great inflection point".
Corporate giants target 60GW of US renewable energy
Google, Facebook and Walmart are amongst the businesses to commit to bringing more than 60GW of renewable energy online in the US through the Renewable Energy Buyers Alliance (REBA).
In charts: The UK's record-breaking year for low-carbon energy generation
With the latest Department for Business, Energy & Industrial Strategy (BEIS) statistics revealing that 2018 was a record-breaking year for renewables and low-carbon generation, edie dives into the data to pull out the key achievements.
Tesco trials plastic-free fruit and veg selection
Supermarket Tesco is trialling packaging-free fresh produce at two stores in Watford and Swindon, in a bid to monitor whether the remove of plastic packaging for select products will impact levels of food waste.
Government launches major review on future of transport
The Government has launched its biggest review into the future of transport, including how a £90m investment can spur new regulations that would improve the uptake of low-carbon mobility across UK towns and cities.
BlackRock steps up ESG drive with six new low-carbon funds
The world's largest asset manager BlackRock has launched new exchange-traded funds (ETFs) that screen out exposure to "controversial" sectors, improve environmental social and governance (ESG) scores and offer a reduced carbon emissions intensity of 30%.
Accenture and Mastercard launch blockchain-enabled supplier 'tip' scheme
Professional services firm Accenture has teamed with Mastercard and Amazon Web Services (AWS) to launch a new supply chain initiative that uses blockchain technology to encourage customers to "tip" small-scale growers and producers that are showcasing sustainable practices.
UK's low-carbon economy surpasses £44bn
Latest figures from the Office for National Statistics (ONS) have shown that the UK's low-carbon economy has reached record heights, with the sector growing by almost 7% in 2017 to £44.5bn.
How GDPR is curbing carbon emissions
Despite being the bane to many business professionals, new research suggests that the General Data Protection Regulation (GDPR) framework is assisting in the global fight to curb greenhouse gas emissions.
How Microsoft is 'going beyond its four walls' to solve global sustainability challenges
EXCLUSIVE: Microsoft is "obsessed" with using its responsibility as a global technology firm to empower others to address climate change and deliver a resilient future, its chief environment officer has said.
Firmenich's rise and the UK's fall: 5 key trends in CDP's 2019 A-list
CDP has named 140 corporates as leaders in the fight against climate change, water scarcity and deforestation in its new A List rankings for 2019. Here, edie rounds up the key sustainability trends which have shaken up the scores this year.
Uber set to launch 15p eco-charge for London journeys
Ride-hailing firm Uber is launching its 15p per-mile "eco-charge" for all journeys taken within London, in the same week that Sadiq Khan has unveiled the world's largest air quality network in the capital.
Why brands should take a new digital approach to responsible growth
This blog, from DNV GL, outlines how businesses can engage their consumers in powerful authentic brand stories that promote trust and highlight sustainability.
Will 2019 be the year of climate-risk reporting?
The next 12 months will see a steep rise in the number of companies embedding climate-related data and disclosure into core business models, according to ING's global head of sustainability.
Regulation 'not fit' for emerging decentralised energy model
The current system of energy regulation is not fit for the more decentralised and digitalised energy that is emerging, Alan Whitehead has said.
10 lessons from 10 years of sustainability
After a decade of leading the sustainability agenda at Capgemini, Dr James Robey shares his top 10 lessons learnt.
In action: EDF Energy's smart data focus to drive energy efficiency
In September 2017, EDF Energy installed its PowerNow live energy monitoring system at one of its own offices as a way of trialling its own solutions whilst improving the energy efficiency of the building. As revealed in this case study, the project has achieved excellent results all round.
Microsoft VP: IoT can prepare cities for natural disasters
In a month when raging fires have caused unprecedented destruction across California, Microsoft's corporate VP has stressed the importance of using data across Internet of Things (IoT) platforms as a way of making cities better equipped to face natural disasters.
In numbers: The state of corporate sustainability reporting
Over the past 12 months, the World Business Council for Sustainable Development (WBCSD) has worked with consultancy Radley Yeldar to survey 158 corporates on their approach to sustainability reporting. Here, edie rounds-up the key findings.
EDF announces low-carbon vehicle partnership with Nissan
Big six company EDF Energy has announced a partnership with Nissan to support the adoption of electric vehicles (EVs) and energy generation and storage solutions.
Plastic recycling industry's problems costing councils up to £500,000 a year
Major problems in the plastic recycling industry are costing local councils in England up to £500,000 extra a year, as they struggle to deal with the continuing fallout from import bans imposed by countries who are no longer able to take the UK's waste.
UK plastics recycling industry under investigation for fraud and corruption
The plastics recycling industry is facing an investigation into suspected widespread abuse and fraud within the export system amid warnings the world is about to close the door on UK packaging waste, the Guardian has learned.
Science-based targets: BT and Capgemini to discuss adoption strategies in edie's next webinar
Individuals looking to adopt and implement science-based targets for their business are encouraged to tune into a free webinar this month, featuring expert insight from the likes of BT, Capgemini and The Prince of Wales's Corporate Leaders Group.
TCFD, SDGs and pop-up squads: What the future holds for sustainability reporting
Sustainability and corporate responsibility managers from a range of businesses recently gathered in London for an exclusive roundtable hosted by edie and reporting and assurance firm DNV GL to discuss how new standards, systems and stakeholder demands are together revolutionising sustainability reporting.
Data-driven 'Plastics Cloud' launched to combat plastics waste
Software firm SAP UKI has unveiled plans to collect live data from supply chains as part of a "Plastics Cloud" pilot aimed at improving plastics purchasing and recycling.
Google launches new online data tool to help cities lower emissions
Google has launched a new online tool to help city planners build policies to lower emissions by targeting projects in the built environment, transport and clean energy sectors.
Future gazing the role of the sustainability profession
It's a tricky thing, predicting the future. So, before looking forward let us reflect upon on what changes we've seen in the CRS profession over the last 20 years. There's no doubt we are a profession that is growing in maturity, and yet still evolving.
Machine makers are leading the way to low-carbon
With regulators and markets increasingly demanding the decarbonisation of high-emitting sectors, we are on the verge of a low-carbon industrial revolution. However, to get over the line the products and services supplied to these sectors need to transform.
Innovation required to spur cargo shipping sector towards 2050 emission reduction targets
Despite recent progress towards decarbonisation by the world's leading maritime shipping companies, the sector is in need of innovation to spur it towards the International Maritime Organisation's (IMO) 2050 target of halving CO2 emissions from 2008 levels.
Ending deforestation: A collective effort
As of March 2017, 447 companies had made 760 commitments to curb forest destruction in supply chains ranging from palm oil, soy, timber, pulp and cattle. At the same time, the 2015 Paris Climate Agreement saw 80% of the 196 signatories committed to halting deforestation and better managing forest and agricultural landscapes.
Heatwave made more than twice as likely by climate change, scientists find
The heatwave searing northern Europe was made more than twice as likely by climate change, according to a rapid assessment by scientists.
Smart meter rollout costs £1bn higher than expected in 2016
The costs of the smart meter rollout programme will rise "even further", a parliamentary report has recommended.
Stepping up the global energy transformation: Why Mars Australia commits to 100% renewable electricity
Major brands like ours have an opportunity to lead in accelerating the transition to a low-carbon future. A new report by the International Renewable Energy Agency (IRENA) shows that businesses are stepping up their use, procurement and investment in renewable electricity. While this is good news, only 17% of us have a specific target for renewable electricity and a mere 134 have committed to 100% renewable electricity use.
Operationalising sustainability as an opportunity
I could have started my talk by acknowledging how sustainability managers find themselves in a cross-fire between contributing to the delivery of competitive goods and services on the one hand and responding to increasing consumer awareness and international and national policy goals on environmental matters on the other hand.
Unlocking the Fourth Industrial Revolution for the planet
Back in 1970, at the dawn of the modern environmental movement, American Futurist Alvin Toffler coined the term 'Future Shock'. Toffler highlighted that the late-20th Century was experiencing a phenomenon unique in human history in which technology was changing faster than people. This in turn led to widespread discomfort and confusion as well as frequent social and economic upheaval.
'Impossible-to-cheat' emissions tests show almost all new diesels still dirty
Emissions tests that are impossible for carmakers to cheat show that almost all diesel car models launched in Europe since the "dieselgate" scandal remain highly polluting.
Google's Project Sunroof arrives in UK
Google has launched an online tool in the UK that informs households how well a rooftop solar array would perform and how much money could be saved on electricity bills as a result.
BT generates £5.3bn in revenue through carbon-combative products, again
BT's range of consumer operations and products which contribute to carbon savings were worth more than £5.3bn last year for the second year running, while the company also increased the amount of carbon it helped customers avoid by 1.3 million tonnes year-on-year.
The danger of being positive
Positive things are being reported in the world of sustainability but is this a "false dawn" and we may prematurely assume success is inevitable and thereby prevent it.
Hitting toughest climate target will save world $30tn in damages, analysis shows
Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic analysis.
Show me the money… from sustainability
At my keynote at edie Live, I spoke about a vision of a sustainable built environment, how far away from it we currently are and what the industry is doing to move towards it. It's evident that, despite some positive progress, we need to fast-track the level of change and one way of achieving that is by making the business case for sustainability abundantly clear.
What does ‘New Power’ mean for business?
I've attended a couple of events recently where some particularly strong themes were evident. Everything came back to fundamental shifts in power and the trend towards participation and collaboration - all intrinsically linked and it's since led me to reflect on what this all means for business.
Final places remaining for free Mission Possible Workshops at edie Live
Sustainability and energy professionals have just a few days left to pre-book their place for a series of free 'co-creation' workshops taking place at edie Live on 22-23 May.
Powering ahead: Carlsberg and National Trust to discuss onsite renewables in edie's next webinar
Individuals and organisations looking to explore the options on onsite technology to drive renewables use and lower energy consumption are encouraged to tune into a free webinar later this month, featuring expert insight from Carlsberg, the National Trust and Centrica Business Solutions.
How Integrated Reporting can help to transform the global economy
Although many people can tune out when they hear the words 'corporate reporting', the reality is that meaningful reporting can transform the global economy, and business has a real opportunity to lead the way.
How technology can power our connection to the natural world
Humanity continues to find new ways of pushing the limits of technology, to discover the edges of innovation. Whether it's sending a car into space, exploring the potential for nanotechnology to support hyper-targeted drug therapies, creating virtual worlds or an artificial intelligence that responds to our spoken commands; most of these ideas were solely in the domain of science fiction 30 years ago.
How effective data management can drive a successful energy strategy
EXCLUSIVE: Data monitoring technologies are an "invaluable" tool for firms seeking to drive energy efficiency, cut costs and enhance sustainability strategies, an expert panel recently concluded.
ESOS Phase 2: beyond compliance and added value
Many businesses were caught out by Energy Savings Opportunity Scheme (ESOS) in 2015 - either because the qualification criteria were obscure, or the communication from the Environment Agency (EA) didn't get through, or just because other priorities pushed ESOS to the bottom of the pile. Either way, ESOS Phase 1 was a bit of a scramble, and may not have been entirely valuable to your business (other than avoiding a fine!).
B Corps are on the move – why it’s time to join in
Ella's Kitchen certified as a B Corporation two years ago this February, only the second company ever to certify whilst being part of a PLC, after Ben & Jerry's with Unilever. However becoming a B Corp was always about something bigger than its impact on Ella's Kitchen.
World Water Day - How we can ensure resilience of our water supplies
Peter Simpson, CEO, Anglian Water, discusses the action we can take together on World Water Day to ensure the resilience of our water supplies
ESOS – The Challenges Last Time
We are now in Phase 2 of ESOS and, although the deadline of 5th December 2019 may seem a long way off, you should now be thinking about the compliance process. But how can you learn from the challenges last time?
5G to deliver £6bn opportunity for smart, resource-efficient UK cities, says O2
The next generation of mobile connectivity, or 5G, will enable councils to generate £2.8bn annually through smart lighting and refuse collection, according to a new report from O2 outlining a £6bn opportunity of the UK economy.